WorldRemit confirmed to Business Insider that it laid off 15 staff in its London office last July and retracted 15 job offers that had been made to prospective employees in the US.

Two former WorldRemit employees told Business Insider that at least 10 US staff were also made redundant at that time but a spokesperson for the company said only "a handful" were made redundant. An inspection of LinkedIn shows at least three staff left the US office at that time.

A spokesperson for WorldRemit told Business Insider: "As most growing tech firms do, we have to reconfigure from time to time. We did let people go who didn't have the right skills that suited us at the time. However since then we have continued to hire. We have a bigger headcount now than we did last July."

WorldRemit currently employs 230 people worldwide. The spokesperson said delays in the US licensing process were behind the rescinded offers and redundancies in the US.

In the UK, the spokesperson said the redundancies were part of a restructuring and most were on short-term contracts. They also said the July redundancy round was the only one of significance in the last year.

Ahmed told Business Insider in an emailed statement: "At the current rate of investment, we're on track to become profitable towards the end of the year."